DESPITE the EU claiming to be the second largest donor in the Pacific, the region receives inadequate aid for trade when compared with African and Caribbean states, says Attorney-General and Minister for Industry and Trade Aiyaz Sayed-Khaiyum.
He made the remarks while opening the Pacific-African Caribbean Pacific trade and fisheries ministers' meeting in Suva yesterday.
"We need to have in place mechanisms that involve us taking ownership, and that is why the establishment of the Pacific regional trade and development facility is so critical," he said
"We do not want such things as the Investment Facility for the Pacific proposed by the EU to make our mechanisms irrelevant and deprive us of a precious resource."
EU head of section political, trade, press and information Adam Janssen said earlier the EU had adopted different approaches to negotiations with different regions of the world that took full account of partners' needs and aspirations.
"We recognise that one size does not fit all and have done our utmost to accommodate Pacific countries' concerns," he said in response to critical remarks made earlier in the week on its commitment to the EPA negotiations.
He said the EU was aware of the specificities of Pacific states compared with other ACP regions.